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them to shed light on their role for bilateral foreign direct investment (FDI) stocks among the economies considered. Not …
Persistent link: https://www.econbiz.de/10012771798
bilateral OECD outbound stocks of foreign direct investment (FDI) from 1991 to 2002. For this, we compile annual information on …
Persistent link: https://www.econbiz.de/10013317492
, passive investment, and active investment of multinational firms, using high-quality administrative data on virtually all … multinational affiliates. Additionally, an ACE increases intra-group lending and other forms of passive investment but has no … effects on production investment of multinational affiliates. The findings indicate that a unilateral implementation of an ACE …
Persistent link: https://www.econbiz.de/10013021715
-tax country induces bunching. Such bunching promotes investment incentives in the low-tax as well as the high-tax country. In … equilibrium, affiliates might over-invest and the bunching-related investment effects generate a tendency for too high profit … investment incentives and transfer pricing induces inefficiently low taxes …
Persistent link: https://www.econbiz.de/10012921411
Multinational labor demand responds to wage differentials at the extensive margin, when a multinational enterprise (MNE) expands into foreign locations, and at the intensive margin, when an MNE operates existing affiliates across locations. We derive conditions for parametric and nonparametric...
Persistent link: https://www.econbiz.de/10012774187
We examine how foreign ownership of a firm affects the variety of goods that the firm exports and the number of countries it trades with. We construct a simple theoretical model of how foreign ownership may affect these extensive margins of exports and take this model to data from Germany, one...
Persistent link: https://www.econbiz.de/10013315735
The standard tax theory result that investment should not be distorted is based on the assumption that profits are … policy response to increasing firm mobility may be taxation, subsidization or non-distortion of investment depending on …
Persistent link: https://www.econbiz.de/10012784085
it driven by investment and capital accumulation. By 2014, gross capital formation had reached 46 percent of aggregate … expenditures. This paper documents the role of investment in driving economic growth in China, questions how much longer China can … sustain a relatively high investment rate, and examines the arguments that have been offered for an impending drastic …
Persistent link: https://www.econbiz.de/10012953882
China's increased trade with and investment in Africa have boosted the continent's economic growth but have also … generated considerable controversy. In this paper we investigate China's outward direct investment ODI in Africa using macro and … investment is small, though growing rapidly. China's attraction to resource-rich countries is no different from Western …
Persistent link: https://www.econbiz.de/10012987345
We develop a dynamic multi-country trade model with foreign direct investment (FDI) in the form of non-rival technology …
Persistent link: https://www.econbiz.de/10012947623